I got very ornery about this issue a few months ago. Mainly to drive home this exact point that Wyze made a very foolish business decision that they would require a Hub AND subscription just to get the V2 motion and door sensors to work. The website also didn’t make it abundently clear that you didn’t need the HMS for sensors to continue to function. The website only (albeit a bit misleadingly) stated that a user would have to buy the HMS + Hub to get the new sensors to work. The v1 has been discontinued on their website furthering the frustration. Also, I have no need for the keypad so that’s money wasted on the hub price to me.
If you buy the hub through Wyze only sign up for the one month’s HMS subscription… which was $51-10/mo a couple months ago at least. Then cancel HMS and continue to use the V2 motion sensors with the hub.
My Workaround: As mentioned before. I was ornery. So I bought the Hub starter kit on ebay for $90 so as not to even give initial permissions to this kooky third party Moonlight website and whathave you, nor my precious $5. 
Then, I could purchase additional v2 door and motion sensors through Wyze (or ebay) al a carte.
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